Zappos Sells 6%-30% More Merchandise When Accompanied By Video Demos

While the rest of the online video world seems to be paying attention to ad formats, the death of pre-roll, YouTube’s ineffectiveness, and video content monetization, a quiet revolution is brewing in the commerce industry. At the Streaming Media West show last month, we had a great session with speakers from the retail industry who explained just how crucial video is to their business.

On of our speakers, Rico Nasol, a Content Team Senior Manager at Zappos.com gave out some great details on what video means to their business, how they utilise video today and what their goals are for next year. Rico was also one of our speakers that was interviewed live on Fox Business News which you can check out below.

I get the sense that a lot of people in the online video world forget just how much is going on outside of the media and entertainment industry, or are simply not aware of what’s taking place. The commerce, enterprise and government sectors are all doing more with online video today, with positive results, than we have seen so far seeing in the broadcast world. If you’re interested in following the online video market in the commerce industry, then you need to check out Justin Foster’s blog at www.video-commerce.org and Xavier Casanova’s blog at www.videoretailer.org

Dan Rayburn is executive vice president at StreamingMedia.com and principal analyst at Frost & Sullivan. This post originally appeared at his blog and was republished with permission.

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